Cgn New Energy Stock Market Value
| CGEGF Stock | USD 0.24 0.00 0.00% |
| Symbol | CGN |
CGN New 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to CGN New's pink sheet what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of CGN New.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in CGN New on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding CGN New Energy or generate 0.0% return on investment in CGN New over 570 days. CGN New is related to or competes with Energiedienst Holding, and Electricity Generating. CGN New Energy Holdings Co., Ltd., together with its subsidiaries, generates and supplies electricity and steam in the P... More
CGN New Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure CGN New's pink sheet current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess CGN New Energy upside and downside potential and time the market with a certain degree of confidence.
CGN New Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CGN New's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CGN New's standard deviation. In reality, there are many statistical measures that can use CGN New historical prices to predict the future CGN New's volatility.CGN New Energy Backtested Returns
We have found three technical indicators for CGN New Energy, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and CGN New are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
CGN New Energy has no correlation between past and present. Overlapping area represents the amount of predictability between CGN New time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CGN New Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current CGN New price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
CGN New Energy lagged returns against current returns
Autocorrelation, which is CGN New pink sheet's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting CGN New's pink sheet expected returns. We can calculate the autocorrelation of CGN New returns to help us make a trade decision. For example, suppose you find that CGN New has exhibited high autocorrelation historically, and you observe that the pink sheet is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
CGN New regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If CGN New pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CGN New pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CGN New pink sheet over time.
Current vs Lagged Prices |
| Timeline |
CGN New Lagged Returns
When evaluating CGN New's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CGN New pink sheet have on its future price. CGN New autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, CGN New autocorrelation shows the relationship between CGN New pink sheet current value and its past values and can show if there is a momentum factor associated with investing in CGN New Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in CGN Pink Sheet
CGN New financial ratios help investors to determine whether CGN Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in CGN with respect to the benefits of owning CGN New security.